The trade war has not been resolved. The property price has fallen by 10%

Zhao Guoxiong: The trade war has not been resolved. The property price has fallen by 10%.

Hong Kong’s property market has shown signs of resurgence since January. Chang Shi (01113) executive director Zhao Guoxiong believes that the Sino-US trade war remains unresolved. I believe that there will still be 10% downward pressure on property prices this year, and negative assets have the opportunity to increase, but not Will return to the huge number in 2003.

Zhao Shixiong, executive director of Changshi, pointed out at the party meeting yesterday that the phenomenon of Xiaoyangchun in the property market was confirmed in the near future. First, the transaction volume of the second-hand market has rebounded remarkably, but the property price is still in a downward trajectory. Even this year’s Xiaoyangchun is due to the price reduction. Driven, there is still downward pressure on future property prices.

Property prices are declining

He pointed out that Hong Kong’s economic tone is still good, but the Sino-US trade war is a deep contradiction between the two countries. It is difficult to solve it in a short time and become a hidden danger in the property market. I believe that there will still be 10% downward pressure on property prices this year. He also stressed that the current market conditions for the sale of new discs must be close to the market price, suitable for the people to undertake the power, the sales response must be good, the pricing is out of the market, the difficulty of going to the goods.

In addition, after the correction of property prices, the number of negative assets increased. Zhao Guoxiong expects that the number of negative assets will increase this year. This is mainly because of the so-called “breathing plan” popular in recent years. Developers provide high-volume mortgages for home buyers, but they do not The income test has attracted a large number of home buyers. If property prices fall another 10% to 15%, the negative equity case will increase further, but it will not reproduce the huge figures in 2003.

The Bodo Road project will be launched next month.

As for the deployment of Changshi sales, Zhao Guoxiong said that in 2019, the group temporarily deployed 3 new projects, including the first phase of the Mid-Levels Road Bodao Road project (115 people) to deploy next month, Tseung Kwan O Sunrise Kangcheng 8 ( 1,422 people), Changsha Bay Haitan Street Project (876 people) Phase I, involving a total of 2,413 people. Zhao Guoxiong stressed that if the project obtains the pre-sale consent, it will not be hoarded. It is said that the land of several projects was purchased in the early years, even if it is sold at the market price.

On the other hand, Changshi has deployed a number of large cities in the mainland to sell and sell a number of projects, including Beijing Yutianxia (400 gang) and Shanghai Gao. The first phase (about 1,400 gangs), Shanghai Lakeside World (400 gangs) and Guangzhou Yuhu Minghao (40 villas) involved a total of about 2,240 gangs. Guo Ziwei, director of Changshi Real Estate Investment, pointed out that Shanghai Putuo District is high. The field still provides 1,400 people. It is considered to be the largest project of the year in this year. It is expected to be the focus of the market. The selling price is about RMB 10,000 to RMB 100,000 per square meter, and it will be sold as soon as next month.

Regarding the prospects of the mainland property market, Guo Ziwei believes that the economic growth in the Mainland has slowed down this year, and the monetary roots of many major cities have begun to relax. It is believed that the property market will develop steadily.